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Post by huh on Nov 30, 2018 7:43:07 GMT -5
Well if that is/was a bull flag in S&P futures yesterday morning, it's looking pretty sloppy. I'm putting in a low ball bid on TNA in case S&P takes a dive here (and if it does, hopefully it's to form a larger iH&S instead)  |
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Post by huh on Nov 30, 2018 7:50:09 GMT -5
I'm still thinking one more run up in AAPL & IWM, and VXX another drop - one last flush of the bears.  Not worth chasing from here though. I'd rather try to catch it lower then chase anything from here. - In case AAPL were to suddenly crater, watch for its gap fill ~169.10 - though it would probably overshoot that some - An S&P close below 2680 and I'd have to give up on the one more pop idea (worst case support 2680-2683) |
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Post by clinton on Nov 30, 2018 9:16:50 GMT -5
EVERY comment on Zerohedge is pro trump
I remember when that website used to have rebels now its just russian govt propagandist.
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Post by walnut on Nov 30, 2018 9:32:46 GMT -5
weird start to the day, hardly any bullish or bearish bias, although the futures are down, I have no idea what the market is doing.
Market waiting on G20 meeting I guess.
Indicators seem to be getting more bearish again for now.
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Post by clinton on Nov 30, 2018 10:08:45 GMT -5
SPY price going up slowly OBV flatlining so far
usually signals a drop is coming
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Post by walnut on Nov 30, 2018 10:13:49 GMT -5
Do you watch OBV on the hourly chart mainly?
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Post by clinton on Nov 30, 2018 10:43:29 GMT -5
spy bullish now
I guess meetings are bullish
Looks like GE might be filing bankruptcy
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Post by clinton on Nov 30, 2018 10:45:57 GMT -5
Do you watch OBV on the hourly chart mainly? no I like to watch on the 1 min you want the finest sample rate of buys on the bid or the ask and I only use it on the same session. once the market closes obv doesnt really translate from day to day |
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Post by clinton on Nov 30, 2018 10:49:08 GMT -5
If someone writes a program to sell 1000 shares on the bid and then buy 10 shares a cent above the ask and repeat this 10 times a second 1 min OBV is really the only way I know of for a home gammer to even sort of detect this.
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Post by clinton on Nov 30, 2018 10:52:49 GMT -5
Then again I could be totally wrong about how OBV works and how well it tracks too.
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Post by walnut on Nov 30, 2018 11:02:10 GMT -5
That's good stuff Clinton
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Post by walnut on Nov 30, 2018 11:19:24 GMT -5
I notice that TSV and OBV work together in an interesting way on the 1 minute and 15 minute charts. More information, it seems really predictive. I have to study that some more.
I agree with you, I think some spies are saying something bullish about the meetings.
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Post by clinton on Nov 30, 2018 12:57:52 GMT -5
check out IWM while spy is being held at even
nothing but selling
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Post by clinton on Nov 30, 2018 13:00:12 GMT -5
I notice that TSV and OBV work together in an interesting way on the 1 minute and 15 minute charts. More information, it seems really predictive. I have to study that some more. I agree with you, I think some spies are saying something bullish about the meetings. OBV usually looks like a line chart of price when it looks like its tracking a different stock thats when you know somethings up. |
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